§ 53-03 Criteria for the Building Qualification Index.
RCNY § 53-03
The criteria used to evaluate prospective Pilot Program Buildings for distress shall include: (1) The number of open and closed hazardous and immediately hazardous violations of the Housing Maintenance Code per adjusted dwelling unit that were issued by the Department within the five-year period prior to October 31, 2021, rated on a range of values from zero to ten. For the purposes of this section, "adjusted dwelling unit" refers to the natural logarithm of dwelling units in the building, calculated in order to limit underweighting of serious building-wide violations in very large buildings.
(2)The total amount of paid or unpaid emergency repair charges per adjusted dwelling unit levied against the building within the five-year period prior to October 31, 2021, rated on a range of values from zero to ten.
(3)The ratings in this section are based on the number of standard deviations above the average at the time of evaluation. Buildings above such average score 2.5 points, and an additional 2.5 points for each of up to 3 standard deviations above the average. The following scores will result in placement of a building on the Pilot Program List: (a) Buildings with no ownership changes within a five-year period prior to October 31, 2021, and a combined score of 15 or more for criteria in subdivisions (1) and (2) of this section; (b) Buildings with one ownership change within a five-year period prior to October 31, 2021 and a combined score of ten or more for criteria in subdivisions (1) and (2) of this section; and (c) Buildings with two or more ownership changes within a five-year period prior to October 31, 2021, and a combined score of five or more for criteria in subdivisions (1) and (2) of this section. (Added City Record 9/7/2018, eff. 10/7/2018; amended City Record 6/17/2022, eff. 6/17/2022)
